BANK RETURNS.
The following is a statement of the average amount of liabilities and assets of the different banks doing business in the colony for the quarter ending December, 1879 : BANK OF NEW ZEALAND. Liabilities.—Notes in circulation, £d7-1.707 18s 5d ; bills in circulation, £37,106 3s lid ; balances due to other banks, £5,145 .14s 8d; Government deposits, £474,274 13s 2d. Other deposits No t be a ri n g i n te res t, £ 1,60 3,2 7 3 12s 2d; bearing interest, £1,762,631 2s lid. Total average liabilities, £4,357,139 os 3d. Assets.—Coined gold and silver and other coined metal, £797,507 3s lid ; gold and silver in bullion or bars, £ 116,454 16s; notes and bills of other banks, £19,400 10s 64; balances due from other banks, £7,230 15s 3d; landed property, £70,829'15s sd. Amount of all other securities—(l) notes and bills discounted, £2,443,020 0s od ; (2) Co. lonial Government securities, £200,000; (3) debts due to the bank (exclusive of debts abandoned as bad), £3.521,087 7s; (4) securities not included under the
above heads, £130,499 2s 7d. Total average assets, £7,306,029 11s Id. Amount of the capital stock paid up at the close of the quarter ending 29th December, 1879, £980,210; rate of the last dividend declared to the shareholders, equal to 15 per cent, per pnnum; amount of the last dividend declared, L 73,515 15s; amount of the reserved profits at the time of declaring such dividend, L 634,406 Is sd. UNION DANK OF AUSTRALIA. Liabilities.—Notes in circulation L 113,180 15s 5d ; bills in circulation* L 19.846 5s 6d ; balances cine to other bunks, L 175 Is lOd. Other deposits— Not bearing interest, L 391,077 9s 41; bearing interest, L 992,267 6s 9d. Total average liabilities, L 1,516,546 18s lOd. Assets.—-Coined gold and silver and other coined metal, L 310,932 18s 7d; gold and silver in bullion or bars, L 13,765 5s lOd ; notes and bills of other banks, L 1,884 7s Id; balances due from other banks, L 4,058 6s 2d ; lauded property, ij90,500. Amount of all other securities—(l) Notes and hills discounted, L 647.948 0s 2d; (2) debts due to the bank (exclusive of debts abandoned as bad), L83U,647 9s 2d; (3) securities not included under the above heads, L 32,081 8s sd. Total average assets, L 1,931,817 15s sd. Amount of the capital stock paid up at the close of the quarter ended 31st December, 1879, £1.500,000; rate of the last dividend declared to the shareholders, 16 per cent, per annum; amount of the last dividend declared. £119,000; amount of the reserved profits at the time of declaring such dividend, £927,631 Ms 2d. BANK OF NEW SOUTH WALES. Liabilities—Notes in circulation, £76,583 5s 3d; bills in circulation, £1,239 Ms 10d ; balances due to other banks, £5,077 16s 1 Id. Other deposits —Not bearing interest, £201,991 Ms 4d; bearing interest, £435,762 3s. Total averageliabilities,£72o,6s4 Ms 4d. Assets—Coined gold and silver and other coined metal, £314,388 8s lid ; gold and silver in bullion or bars, £27,631 18s 4d; notes and bills of other banks, £1,912 8s 10*1; balance due from other banks, £14,214 3s 3d; landed property, £33,191 4s sd. Amount of all other securities—ft) notes and bills discounted, £484,082 los Id ; (2) debts due to the hank (exclusive of debts abandoned as had), £680,992 4s 7d ; (3) securities not included under the above heads, £86,832 18s Bd. Total average assets, £1,643,246 Us Id.
Amount of the capital stock paid up at the close of the quarter ended 31st December, £1,000,000. Rata of the last dividend declared to the shareholders, Jo per cent., and bonus 2£ per cent., equal to per cent, per annum. Amount of the last dividend declared— Dividend, £75,000; bonus, £12,500; total, £87,500. Amount of the reserved profits at the lime of declaring such dividend, £570,872 14s Id. BANK OF AUSTRALASIA. Liabilities—Notes in circulation, £49,226 4s 8d ; bills in circulation, £6,676 I7s lOd, Other deposits—Not bearing interest, £126,948 19s Id; bearing interest, £281,247 0s 9J. Total average liabilities, £464,099 2s 4d. Assets—Coined gold and silver, and other coined metal, £106,425 2s 7d ; notes and bdls of other banks, £1,705 15s lid ; landed property, £37,834 18s. Amount of all other securities—(l) Notes and bills discounted, L 442,284 14s 7d ; (2) debts due to (he bank (exclusive of debts abandoned as bad), L 422,940 4s; (3) securities not included under the above heads, L 2,570 17s 2d. Total average assets, L 1,013,761 I2s 3d. Amount of the capital stock paid up at this date, £1,20(5.000; rate of the lasfcdividend declared to the shareholders, per cent, per annum ; amount of last dividend declared, £75,000 ; amount of the reserved profits at the time of declaring such dividend, L 424,910 7s 4d. NATIONAL BANK OF NEW ZEALAND. Liabilities. —Notes in circulation, £95,606 13s lid ; bills in circulation, £9,0(12 14s 4d; balances due to other banks, £18,336 14s Bd. Other deposits—Not bearing interest, £265,244 18s 6d ; bearing interest, £535,327 19s 3d. Total average liabilities, £923,519 0s Bd. Assets.—Coined gold and silver, and other coined metal, £284,972 17s 4d ; gold and silver in bullion or bars, £15,013 12s lid ; notes and bills of other banks, £3,378 Us 3d ; balances due from other banks, £2,379, 2s 9d ; landed property, £68,502 Is 2d. Amountof all other securities —(1) notes and bids discounted, £895,540 3s 4d ; (2) debts due to the bank (exclusive of debts abandoned as bad), £1,016,194 17s 9d ; (3) securities not included under the above .heads, £16,701 9s 3d. Total average assets, £2,302,232 15s 9d. Amount of the capital stock paid up at the close of the quarter ended 31st December, 1879, £350,000. Rate of the last dividend declared to the shareholders, 6 per cent, per annum. Amount of last dividend declared, £10,500. Amount of the reserved profits at the time of declaring such dividend, £22,221 8s 4d. COLONIAL BANK OF NEW ZEALAND. Liabilities.—Notcsin circulation, £73,989 8s od ; bills in circulation, £2,733 17s lid; balances due to other banks, £535 17s Id ; deposits not bearing interest, £255.801 4s 2d ; deposits bearing interest, £284,697 11s 4d. Total average liabilities, £617,757 18s lid. Assets. —Coined gold and silver and other coined metals, £118,553 13s 4d ; gold and silver in bullion or bars, £10,695 0s 6d ; notes and bills of other banks, £1,796 Is 7d ; balance due from other banks, £5,841 10s 9d ; landed property, £35,060 19s 6d ; amount of all other securities—(l) notes and bills discounted, £477,965 Its 9d ; (2) debts due to the bank (exclusive of debts abandoned as bad), £493,763 19s 54 ;
(3) securities not included under the above heads, £47,833 3s 4d. Total average assets, £1,131,500 5s 2d. Amount of the capital stock paid up at this date, £399,962 15s ; rate of the last dividend declared to the shareholders, 8 per cent, per annum ; amount of last dividend declared, £15,836 ; amount of the reserved profits at the time of declaring such dividend, £65,881 18s Id.
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Bibliographic details
Patea Mail, Volume V, Issue 494, 25 February 1880, Page 2
Word Count
1,141BANK RETURNS. Patea Mail, Volume V, Issue 494, 25 February 1880, Page 2
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